التكامل الاقتصادي
Volume 10, Numéro 1, Pages 99-112
2022-03-31
Impact Of Economic Welfare On Economic Growth - The Case Study Of Algeria-
Authors : Refafa Brahim . Ramli Mohamed .
Abstract
The current investigation seeks to determine the impact of economic welfare indicators on economic growth rates in Algeria through a econometrics study in which we relied on the methodology of co-integration and took as independent variables both the rate of family spending, the rate of spending on health, and the rate of unemployment as indicators of economic well-being. As for the dependent variable, we took the gross domestic product (GDP) per capita as a reflection of economic growth. The study was conducted during the period 1990-2019, and we found a positive impact for both family spending and the proportion of expenditure in the health sector on economic growth, as well as a negative impact of unemployment rates on economic growth.
Keywords
economic welfare ; economic growth ; family spending ; health spending ; unemployment rate
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